Altair receives Nasdaq notice
Altair Nanotechnologies Inc. of Reno said last week its stock might be delisted from the Nasdaq Stock Market because its price has fallen below $1 a share.
The company said Nasdaq has granted a grace period that runs through July 5. If the stock closed at $1 or more for 10 consecutive business days, Nasdaq will lift its notice of possible delisting.
Altair executives said they’re monitoring the price and will consider several options if delisting appears likely.
Industrial brokers: With preleasing at all-time highs, finding adequate space will be a major challenge in 2021 across Northern Nevada
With industrial real estate vacancy dipping under 5% in Greater Reno-Sparks at the end of 2020, leasing space in the new year will be similar to buying a home in Northern Nevada — expect multiple offers from tenants competing for the same space, industrial brokers say.